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《大行報告》高盛下調旭輝(00884.HK)目標價至8.2元 評級「買入」
阿思達克 08-30 11:02
高盛發表報告,將旭輝(00884.HK)2021年至2023年的基本利潤平均修訂為下跌12%,主要反映毛利率減少2個百分點,同時考慮到年內的新土地收購,目標價下調4%至8.2元。但該行認為,旭輝在利用多元化的土地採購渠道支持其核心房地產業務以及在房地產附加業務,包括商業運營、物業管理、長期租賃公寓等的戰略佈局推動可持續收入方面處於有利位置,因此維持「買入」評級。 另外,高盛指,旭輝管理層重申的3年主要指引,包括應佔預售額年均複合增長率約15%;淨利潤實現兩位數增長,保持約20%房地產開發毛利率水平;約50%的租金年均複合增長率。此外,目標在2021年底前滿足所有三條紅線的要求。
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